Generally, ACI has achieved policy gains in terms of tax reform, transportation of agricultural goods, and seed and feed. Further, ACI has managed to mitigate most of the harm that would have resulted from HB 1237- Grain Buyers and Warehouse Licensing.
Please keep in mind that the Grain buyers and Warehouse Licensing Agency is currently developing educational materials pursuant to House Enrolled Act 1237 (formerly known as HB 1237- Grain Buyers and Warehouse Licensing). ACI expects these pamphlets to be made available to the public shortly after the Governor has signed the bill into law. We will keep ACI members promptly advised of any new information on the topic.
Last Wednesday morning, Indiana's latest fiscal forecast showed the state is on track to generate $200 million more in revenue than was previously expected. Given the higher return, some legislators are more eager to shift the rest of the gasoline sales tax towards road maintenance. However, if the shift is made it will leave a $300 million gap in the state's General Fund. To make up the difference, House Republicans are proposing a one dollar increase to the cigarette tax.
Legislators from the House and Senate came together on Wednesday to discuss their opposing versions of HB 1001-State Biennial Budget. Stakeholders testified in support of Governor Holcomb's proposal for a larger increase in pre-kindergarten funding that neither chamber version matched. Both sides agreed on the overall fundamentals of the bill but mainly differ on the assignment of priorities. A major issue will be the school funding formula and how much money will ultimately be allocated towards education.
The General Assembly continues the process of conference committees, and has one week left before the Sine Die adjournment deadline this Friday. Please click
for ACI's bills of interest that have 'died,' been sent to the Governor or referred to Conference Committee.
To review all bills ACI is tracking, click